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New East Side

New East Side

Neighborhood in Chicago, Illinois

Cook County 60601

$731,415 Average Value
$586 Average Price per Sq Ft
125 Homes For Sale

Skyscrapers near Lake Michigan

Iconic views of both scenic skyscrapers and sunsets over the open water of Lake Michigan are enjoyed by residents of the New East Side neighborhood. Locals of New East Side have access to an abundance of amenities that come with living in downtown Chicago, as well as the opportunity to enjoy fresh air from the waterfront. With many large employers in the neighborhood such as MTM Inc and Blue Cross Blue Shield, most residents are within walking distance of their office. “You’re right there in the city, and there’s fantastic views up and down the lakefront. It’s all big developments and large-scale buildings,” says Real Estate Broker Scott Berg with Berg Properties, who has over 20 years of experience.

Restaurants around New East Side

Most of New East Side is made up of local and chain restaurant options that sit at the bottom of high-rise skyscrapers. “There are local coffee shops and restaurants here and there, but it’s a bit of a walk to get anywhere else,” Berg says. Brown Bag Seafood Co serves its patrons fresh seafood dishes, including crispy cod tacos and salmon power boxes. Grab a meal to go or relax on their patio with a house-made cocktail. For an upscale dinner experience, make a reservation at Avli on the Park and enjoy their authentic Greek cuisine with dishes like brizola, lamb chops and pasta. Residents of New East Side enjoy coffee shops such as Dunkin’ and Starbucks within the neighborhood’s borders, as well as the convenience of a CVS on North Columbus Drive. Locals can do their grocery shopping at Mariano’s, or right outside the neighborhood’s borders at the local Whole Foods Market or Jewel-Osco.

Brown Bag Seafood is fresh seafood prepared quickly; Perfect for lunch in busy New East Side.
Brown Bag Seafood is fresh seafood prepared quickly; Perfect for lunch in busy New East Side.
Village market keeps locals and business people fed around the New East Side neighborhood.
Village market keeps locals and business people fed around the New East Side neighborhood.
Avli by the Park is a Greek restaurant in the New East Side neighborhood.
Avli by the Park is a Greek restaurant in the New East Side neighborhood.
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Luxury condos with amenities

New East Side residents can occupy one of the neighborhood’s several condo or apartment complexes scattered between the commercial high-rises of the area. These units can range from $500,000 to $950,000, depending on the square footage and number of bedrooms. Cirrus is an exclusive resort-style condominium that comes with additional amenities and prices its units around $1.2 to $3.5 million. Residents in the upper levels can enjoy a lakefront view. “It’s a different style of living over there, compared to the rest of downtown Chicago,” Berg says.

Cirrus and Chandler Condominium high rises are located in New East Side.
Cirrus and Chandler Condominium high rises are located in New East Side.
A Townhome in the New East Side is some of the most valuable real estate in Chicago.
A Townhome in the New East Side is some of the most valuable real estate in Chicago.
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City parks, river trails and lake access

For a downtown area, New East Side has a plethora of green spaces. Lakeshore East Park, occupying the center of the neighborhood, features an open grassy field, brick walkways, a playground and an off-leash dog park. Take a stroll along the botanical gardens and admire the flower beds and fountains. Additionally, residents have easy access to the Chicago Riverwalk, a one-and-a-quarter-mile paved path that runs along the Chicago River, and the numerous parks and green spaces that border it. Adjacent to the start of the Riverwalk, DuSable Harbor has dock spaces and boat launches for watercraft owners to use and get out onto Lake Michigan.

The playground at Lakeshore East Park is colorful and inviting to the neighborhood kids.
The playground at Lakeshore East Park is colorful and inviting to the neighborhood kids.
The dog park at Lakeshore East Park is fun for the pooches in the New East Side neighborhood.
The dog park at Lakeshore East Park is fun for the pooches in the New East Side neighborhood.
Walking trail and playground at Lakeshore East Park.
Walking trail and playground at Lakeshore East Park.
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Take a bus or Metra around Chicago

Most of the neighborhood is entirely walkable, with pedestrian-friendly streets that let residents walk from their condos and places of business to the restaurants nearby. Additionally, commuters can walk to the Chicago Loop from the New East Side. If people need public transportation to travel far, there are bus stations all along Columbus Drive and East Randolph Street. Only half a mile away, the Millenium Metra Train Station can connect people to the Metra Electric and SouthWest Service lines. Those who happen to use their personal vehicles have easy access to US Route 41 from the neighborhood.

Walkways make navigating New East Side a pleasure.
Walkways make navigating New East Side a pleasure.
New East Side is made up of mostly modern buildings as part of Chicago's Lakeshore East project
New East Side is made up of mostly modern buildings as part of Chicago's Lakeshore East project
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Public schools close to New East Side

While there are no public schools within the neighborhood’s borders, parents can send their kids to one of the many Chicago public schools nearby. Ogden International School of Chicago has a B-minus grade on Niche and teaches both elementary and middle school grade levels. Here, children have access to a full-continuum International Baccalaureate Program. Afterward, students can either apply to attend Ogden International High School or go to Wells Community Academy High School. While Ogden’s high school has a B Niche grade, Wells has a C-plus. Wells High School is known for its award-winning program for law and career classes, and it even offers 13 AP-level courses.

Jillian Pillow
Written By
Jillian Pillow
Tomasz Worek
Photography Contributed By
Tomasz Worek
Wengel Abiy
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Wengel Abiy

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Christine Hancock, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago Midway International

20 min drive

Bus

Columbus & Randolph

Bus

Randolph & Field Blvd

Bus

Harbor Drive & Randolph

Crime and Safety

1 - Low Crime, 10 - High Crime New East Side US
Homicide 5 4
Sexual Assault 9 4
Assault with Weapon 4 4
Robbery 8 4
Burglary 6 4
Motor Vehicle Theft 5 4
Larceny 9 4
Crime Score 7 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$576,000
Median Single Family Price
$1,660,000
Median 2 Bedroom Price
$630,000
Median 1 Bedroom Price
$390,000
Average Price Per Sq Ft
$586
Number of Homes for Sale
125
Last 12 months Home Sales
266
Months of Supply
5.60
Median List Price
$614,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
6%

Home Facts

Number of Homes in Neighborhood
2,488
Median Year Built
2007
Avg. Single Family Home Size Sq Ft
2,338
Above the national average
1,937
Average Townhouse Size Sq Ft
3,616
Average 2 Bedroom Size Sq Ft
1,652
Average 1 Bedroom Size Sq Ft
984
Average Studio Size Sq Ft
586

Open Houses

  • Saturday, May 3
    12 - 1:30pm

    363 E Wacker Dr Unit 2201, Chicago, IL 60601

    $1,700,000

    • 3 Beds
    • 2 Baths
    • 1,982 Sq Ft
    • 363 E Wacker Dr
    • Unit 2201
    • New 22 days ago

    Step into a world where architectural brilliance meets refined luxury-The Residences at The St. Regis Chicago, an iconic addition to the city's skyline, envisioned by the inimitable Jeanne Gang of Studio Gang. Rising 95 stories above the award-winning Lakeshore East neighborhood, this crystalline masterpiece is a symphony of design, elegance, and exclusivity. With interiors curated by the

    Agent Photo
    Rafael Murillo
    Compass
    (872) 240-5353
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  • Sunday, May 4
    11am - 2pm

    340 E Randolph St Unit 4806, Chicago, IL 60601

    $2,195,000

    • 3 Beds
    • 2.5 Baths
    • 2,354 Sq Ft
    • 340 E Randolph St
    • Unit 4806
    • New 1 day ago

    Experience luxury living at 340 E. Randolph, Unit 4806. This corner three-bedroom, 2.1-bath home is flooded with light and offers stunning views of Lake Michigan, Millennium Park, Grant Park, Maggie Daley Park, and Soldier Field. The spacious 2,354 sq. ft. open floor plan features 9'6" ceilings, floor-to-ceiling windows, and a private south-facing terrace. The living and dining room, along

    Millie Rosenbloom Baird & Warner

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  • Saturday, May 10
    1 - 2:30pm

    400 E Randolph St Unit 2208, Chicago, IL 60601

    $329,900

    • 1 Bed
    • 1 Bath
    • 840 Sq Ft
    • 400 E Randolph St
    • Unit 2208
    • New 1 day ago

    This beautiful 1 bedroom condo features an open kitchen with stainless steel appliances and granite countertops. Step out onto the expansive 20 foot private balcony-ideal for relaxing or entertaining. Enjoy a full suite of building amenities, including a well-equipped gym, indoor pool, hot tub, sauna and steamroom, play area for little ones, library, basketball/racketball court, media room/film

    Marcus Mason REMAX Legends

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Christine Hancock, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
12,319
Median Age
41
Population Density
184 ppl/acre
Population under 18
14.6%
Below the national average
23.8%
Population over 65
20.4%
On par with the national average
19.1%

Finances

Median Household Income
$122,102
Significantly above the national average
$71,702
Average Household Income
$162,501

Education and Workforce

High School Graduates
95.6%
College Graduates
84.6%
Significantly above the national average
34.1%
Advanced Degrees
56.2%
Significantly above the national average
13.3%
% Population in Labor Force
74.4%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''

Area Factors

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

91 / 100

Rider's Paradise

Transit Score®

91 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
New East Side